Why is Manav Infra falling/rising?

As of 19-Nov, Manav Infra Projects Ltd is experiencing a price increase, currently at 21.15, reflecting a rise of 1.0 or 4.96%. The stock has shown strong performance recently, with a 7.36% increase over the past week and a 17.50% increase over the past month, significantly outperforming the Sensex, which rose by only 0.68% and 1.33% in the same periods, respectively. However, despite this positive momentum, there has been a notable decline in investor participation, with delivery volume dropping by 61.54% against the 5-day average, which could indicate a potential concern for future trading activity. Additionally, while the stock is currently above its 5-day, 100-day, and 200-day moving averages, it remains below the 20-day and 50-day moving averages, suggesting mixed signals in terms of short-term price trends.
Broader market context shows that Manav Infra's performance has been robust compared to the benchmark, particularly in the short term, where it has outperformed the Sensex significantly. The stock's year-to-date return of 24.41% contrasts sharply with the Sensex's 10.18%, indicating strong relative strength. Over the past three years, the stock has surged by 215.67%, while the Sensex has only increased by 42.30%, further emphasizing its strong performance in the market. However, the recent drop in delivery volume may raise concerns about sustainability, which investors should monitor closely as they assess the stock's future trajectory.